There's been a long trade opportunity on the dollar-loonie trading chart, following the fake breakout of the price below the 1.28194 horizontal support level.
This signals a buy because of the bullish harami candlestick pattern; with the bullish candle closing above the same support level.
You can enter the trade around the 1.28294 price level and set your stop...
Buying pressure seems to be building nicely and pointing to a possible breakout sooner rather than later.
A weekly close above 82.00 would be a bullish signal. A successful breakout could target the 84.30 area for starters.
The HR chart is showing an expanding triangle at resistance level. Looking mighty bullish IMO but still needs to break away from this...
